Credit and Finance for MSMEs: The fraudulent Input Tax Credit (ITC) claims have been on the rise, especially with the uncovering of many fake firms which were set up to issue fake invoices. This may ...
The finance ministry on Friday released a paper suggesting changes in the monthly GST payment form and sought industry comments by September 15. The GST Council in its meeting last month recommended ...
GST Network (GSTN) said that from April 2025, GST taxpayers will not be allowed to make changes in the table showing inter-state supplies made to unregistered persons and small taxpayers (taxpayers ...
GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing ...
In a significant compliance shift under the Goods and Services Tax regime, the GST Network (GSTN) on Saturday announced that the monthly GST payment form GSTR-3B will become non-editable from the July ...
The Central Board of Indirect Taxes & Customs (CBIC) on late Tuesday evening notified that the due date for filing GSTR-3B for the month of April has been extended till May 24. The CBIC also informed ...
The Goods and Services Tax Network (GSTN) announced major changes on Saturday, stating that from the July 2025 tax period, the monthly GST payment form GSTR-3B will become non-editable. Alongside this ...
GSTR-3B Due Date Extension News: A group of chartered accountants has urged the Centre to implement a GSTR-3B returns deadline extension for September 2025, citing a clash of the due date with Diwali.